What are the major components of GDP? Provide an example of each.
Question:
What are the major components of GDP? Provide an example of each.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
Gross Domestic Product GDP is a key indicator of a countrys economic performance and is typically divided into several major components that represent ...View the full answer
Answered By
Rajat Gupta
used to take tution classes from my school time.
Conducted special topic claases during my graduation to help the students pass their exams.
Currently, teaching and conducting online claases during my post- graduation too.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Introduction To Economics Social Issues And Economic Thinking
ISBN: 9780470574782
1st Edition
Authors: Wendy A. Stock
Question Posted:
Students also viewed these Business questions
-
The Economic Stimulus Act of 2008 and the American Economic Recovery and Reinvestment Act of 2009 where the latest big experiments the U.S. has undertaken with large-scale fiscal stimulus. Recall...
-
What are the major components of a business plan? Why should an individual develop a business plan?
-
S. Bernanke Friday, September 21, 2018 why was the Great Recession so deep? Certainly, the collapse of the housing bubble was the key precipitating event; falling house prices depressed consumer...
-
Why is it likely to have preexisting normal faults in an orogenic belt?
-
Do you see the growth in sovereign wealth funds as important sources of capital to the M&A market or as a threat to the sovereignty of the countries in which they invest? Explain your answer.
-
Prepare the double entries (not the \(T\) accounts) for the following transactions using the format: July 1 Started in business with \( 5,000\) in the bank and \( 1,000\) cash. 2 Bought stationery by...
-
You are engaged in the examination of the financial statements of the Ute Corporation for the year ended December 31, 19X3. The following schedules for the property, plant, and equipment and related...
-
Southeastern Bell stocks a certain switch connector at its central warehouse for supplying field service offices. The yearly demand for these connectors is 15,000 units. Southeastern estimates its...
-
By using the Iron-Carbon (Fe-C) phase diagram provided herein, answer the following questions: Sketch the microstructure of alloys A, B, and C in the following temperature ranges when they are cooled...
-
The calculation of gross domestic product would include a. The purchase of a new automobile. b. Unemployment compensation benefits received by a former steel worker. c. The money Alice receives when...
-
The price of corn in Mexico has fallen more than 70 percent 1994, which some attribute to an increase in the supply of corn from the U.S. to Mexico. If the incomes of corn farmers in Mexico have...
-
Several Fortune 100 companies have nominated members of the clergy to be members of their boards of directors. Discuss the advantages and disadvantages of such a proposal.
-
The company's management is considering either a 100% stock dividend or a 2-for-1 stock split. Complete the following chart to assist in answering the following: Before Common stock, $0.40 par value...
-
The company was organized on January 3, 20XE. The firm was authorized to issue 1,000,000,000 shares of $1.00 par common stock. During 20XE, the company had the following transactions relating to...
-
5. Chelsea Clinic's projected budget information for 2018 is listed below. Total FFS Visit Volume 75,000 visits Payer Mix: Blue Cross 30% Highmark 70% Reimbursement Rates Blue Cross $35 per visit...
-
Simon Company's year-end balance sheets follow. At December 31 Assets Cash Current Year 1 Year Ago 2 Years Ago Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total...
-
2) QUESTION 4: Engin Zengin leased his flat as a residence on April 2024, and the monthly rent was TL 30,000. In April 2024, Engin had the flat painted, cleaned, and had some repairs done for a fee...
-
Terephthalic acid is an important chemical used in the manufacture of polyesters and plasticizers. It contains only C, H, and O. Combustion of 19.81 mg terephthalic acid produces 41.98 mg CO 2 and...
-
Les has collected stamps in his spare time for years. He purchased many of his stamps at a price much lower than the current market value. Les recently lost his job as a carpenter. Since his wife...
-
Discuss a few changes in the market environment that you think help to explain why telephone, mail-order, and Internet retailing have been growing so rapidly.
-
Apply the wheel of retailing theory to your local community. What changes seem likely? Will established retailers see the need for change, or will entirely new firms have to develop?
-
What advantages does a retail chain have over a retailer who operates with a single store? Does a small retailer have any advantages in competing against a chain? Explain your answer.
-
The oil tanker M/T Athos I was sub-chartered by petitioners (collectively CARCO) from tanker operator Star Tankers, who had originally leased the ship from respondent Frescati Shipping Company. On...
-
(7%) Problem 9: Following vigorous exercise, the internal body temperature of a 68-kg person is 40.0C. Substances Specific heat (c) Solids J/kg.C kcal/kg.C Aluminum Concrete 900 0.215 840 0.20 Copper...
Study smarter with the SolutionInn App